"..Diesel prices have increased by 33% for November deliveries. “The national average price for diesel today is $5.30 per gallon and is expected to go up 15 to 20 cents in the next few weeks,”
said Andy Lipow, president of Lipow Oil Associates, LLC.
"Reserves for diesel this time of year have not been this low since 1951, with the greatest shortfall in the Northeast region including New York and New England."
In our capitalistic economy, what doesn't depend on a secure and adequate diesel supply ?
The current "War on Petroleum" doesn't have any alternative energy during or while going through the 'transition'.
Diesel is a petroleum distillate, and as I understand it, there hasn't been a new petroleum refinery constructed in the USA since 1971
We're in for a world of hurt due to man made politics !
The Average US Household Pays 47% More For Electricity Than A Year Ago